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Abstract:On Thursday, the US dollar index fell unilaterally due to “tariff fatigue” and ultimately missed the $107 mark, closing down 0.73% at 106.38. The benchmark 10-year US Treasury yield closed at 4.5110%;
On Thursday, the US dollar index fell unilaterally due to “tariff fatigue” and ultimately missed the $107 mark, closing down 0.73% at 106.38. The benchmark 10-year US Treasury yield closed at 4.5110%; The two-year US Treasury yield, which is more sensitive to monetary policy, closed at 4.2850%.
Gold prices hit a record high again on Thursday, reaching a peak of $2954.72 per ounce, the tenth record high set so far this year. Worries that US President Trump's tariff threat could trigger a global trade war have stimulated safe haven demand for gold, leading to a decline in US dollar and Treasury yields and providing an opportunity for gold prices to rise.
International oil prices rose for the third consecutive day due to data showing a decrease in US gasoline and distillate inventories, as well as concerns about supply disruptions from Russia supporting oil prices. WTI crude oil ultimately closed up 0.64% at $72.53 per barrel; Brent crude oil closed up 0.70% at $76.57 per barrel.
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